Technical analysis by ChipsnCheese about Symbol BTC: Buy recommendation (11/7/2025)

This note is for self as I am playing against the bearish crowd who are projecting 95k or below levels for BTC. 1. There is an intersection of long term and short term trend lines at 100k 2. On 4 hrs chart, there is an RSI divergence 3. I can count complete correction waves as per Elliot wave, next move is up. Whether it will be a move to new ATH or a temp top before further correction is to be seen but time to be long for now.Prices reacted from the zone but the structure is still not giving conclusive signlas for an up move and the upmove appeared coorective. If 103800 is broken on hourly close, we are heading to 97100. if we manage to close above 107k, then impulse rally to new highs.